Online gambling technology provider GameAccount Network Plc. (GAN) has started cleaning its balance sheets and beefing up its financial coffers in a bid to widen its commercial footprint in the United States.

In a disclosure to the London Stock Exchange, GAN announced that it has raised a total of £7.5 million ($10.05 million) through an over-subscribed subscription of 15 million ordinary sharesin anticipation of Internet sports betting in the United States.

Last week, the U.S. Supreme Court has decided to repeal the Professional and Amateur Sports Protection Act (PASPA) of 1992, paving the way for the lifting of the federal ban on sports betting.

Upon completion of the subscription, GAN’s enlarged issued share capital will consist of 85.05 million Ordinary Shares.